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1st Q Estimated Tax Missed 2013

This may have been discussed here before but my office manager failed to make
the 1st Q estimated tax payment for 2013. She realized it when she made the
2nd Q payment in June and came right to me. I told her to go had and just
make another payment for 2013 thru EFTPS.gov and not to worry about it.
Well.....now I'm a little worried that I should have done something
differently. Do you think I am ok as long as I pay all the estimated taxes
for 2013 by the end of 2013? Lynne

BizResearcher | Window Shopper |
6/19/2013 - 11:13 am

You will be fine as long as you pay enough estimated tax during the year. The
IRS doesn't know in which quarter you earned the money. They just want their
share. You could have waited until the September payment is due, then made a
double payment. Just be sure all the necessary identifying information
accompanies each payment, such as EIN number, business name and address, so
the payments are properly attributed to your business.